Annual General Meeting

The Annual General Meeting of Bonheur ASA was held today, Wednesday 30 May 2012. All items on the agenda were handled and resolved in accordance with the proposals to this Annual General Meeting, the agenda of which was sent to Oslo Stock Exchange on 8 May 2012.

The Annual General Meeting (AGM) hereunder approved the financial statements and annual report of Bonheur ASA and the Group for 2011 as well as the Board's proposal on a dividend equal to NOK 5.00 per share. The dividend is estimated to be paid on or about 22 June 2012 to shareholders registered as holding shares on the date of this Annual General Meeting.

Consequent on the aforesaid the Company's shares will be traded exclusive of dividend as of 31 May 2012

Jørgen G. Heje and Bård Mikkelsen were re-elected as members of the Shareholders' Committee.

In a subsequent meeting in the Shareholders’ Committee Håvar Poulsson was re-elected as an alternate director of the Board.

Please find enclosed the protocol and presentation from the Annual General Meeting.